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Lake Hamilton, Florida Demographics & Population 2026

High PovertyPoverty rate of 26.9% is well above the state average
Highly DiverseNo single racial/ethnic group makes up a majority of the population

During the 2020–2024 ACS period, Lake Hamilton, Florida had a total population of 1,777, the 700th largest town in Florida, with a median household income of $60,486, which is 19% lower than the state average. The poverty rate is 26.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Lake Hamilton Quick Facts

Population 1,777
Median Household Income $60,486
Median Home Value $250,700
Poverty Rate 26.9%
Unemployment Rate 1.1%
Median Age 41.5 years
Homeownership Rate 79.2%
Affordability Ratio 4.1x
Bachelor's Degree or Higher 14.0%
High School Graduation Rate 79.1%
Diversity Index 69/100
Population 1,777 700th of 955
Median Income $60,486 below average
Poverty Rate 26.9% 116% higher than national
Median Home Value $250,700 below average

How Lake Hamilton Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,7671,777+0.6%
Median household income$60,000$60,486+0.8%
Median home value$195,200$250,700+28.4%

How Lake Hamilton Compares

Economy & Housing

Household Income Distribution

Under $25K 16.1%
$25K-$50K 23.7%
$50K-$100K 39.6%
$100K+ 20.6%
Detailed income brackets
Under $10K
2.8%
$10K-$15K
4.3%
$15K-$20K
8.2%
$20K-$25K
0.8%
$25K-$30K
8.4%
$30K-$35K
4.1%
$35K-$40K
4.9%
$40K-$45K
6.3%
$45K-$50K
0.0%
$50K-$60K
8.8%
$60K-$75K
8.2%
$75K-$100K
22.6%
$100K-$125K
7.1%
$125K-$150K
4.7%
$150K-$200K
4.7%
$200K+
4.1%

Employment

1.1% Unemployment Rate State: 4.8%|National: 5.2%
53.1% Labor Force Participation

Housing Overview

Owner 79.2%
Renter 20.8%
Affordability Index Moderate
4.1x home value to income ratio
Median gross rent $1,180/mo 23.4% of median household income annually

People & Demographics

Diversity Index

69out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 65 | National average: 61

Education

Lake Hamilton Rankings in Florida

#700 Population of 955
#638 Median Income of 911
#777 Education of 955
#627 Home Value of 901

Other Cities in Polk County

CityPopulationMedian IncomePovertyHome Value
Lakeland 119,961 $64,185 13.2% $249,400
Poinciana 75,068 $68,015 14.9% $290,700
Winter Haven 55,200 $59,648 16.4% $269,800
Haines City 34,234 $65,975 16.1% $288,900
Bartow 20,438 $68,178 18.1% $234,100
Auburndale 18,530 $77,911 9.6% $296,200
Lake Wales 16,785 $56,347 22.4% $239,300
Highland City 13,276 $90,947 5.9% $347,100
Davenport 13,238 $73,685 14.1% $333,300
Lakeland Highlands 12,102 $108,263 2.7% $385,000

Cities Similar to Lake Hamilton

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Silver Springs Shores East1,777$59,861$233,10014.9%36.6%
Ocala Estates1,705N/A$152,9005.5%26.4%
Inglis1,742$56,500$180,70016.9%14.7%
Chiefland1,909N/A$167,70011.8%25.5%
Oak Hill1,694$65,950$313,60016.8%18.6%

Population Overview

Lake Hamilton is a small community located in Florida, within Polk County. The total population is 1,777. It ranks as the 700th most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Lake Hamilton is 41.5 years. This is 3% lower than the state median of 42.6 years. 12.8% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Lake Hamilton is $60,486. This is 19% lower than the state median of $74,568. It is also 25% lower than the national median of $80,734. The poverty rate stands at 26.9%. This is 114% higher than the state poverty rate of 12.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 1.1%. This is 78% lower than the state rate of 4.8%. The median home value is $250,700. Housing costs are 30% lower than the state median of $359,000. The home-value-to-income ratio is 4.1x. 79.2% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 67.6%.

Race & Ethnicity

Lake Hamilton is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. Hispanic or Latino residents account for 30.6%. The Asian population is significantly higher than the state average (12.7% vs 2.9%).

Education

14.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 59% lower than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 79.1%.

Data Sources & Methodology

All demographic data for Lake Hamilton, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Lake Hamilton, Florida?

Lake Hamilton, Florida has a population of 1,777 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lake Hamilton, FL?

The median household income in Lake Hamilton is $60,486, which is 25% lower than the national median of $80,734.

What is the poverty rate in Lake Hamilton, FL?

The poverty rate in Lake Hamilton is 26.9%. This means approximately 478 residents live below the federal poverty line.

What is the racial makeup of Lake Hamilton, Florida?

Lake Hamilton's population is 43.0% White, 12.4% Black, 30.6% Hispanic/Latino, and 12.7% Asian.

What is the median home value in Lake Hamilton, FL?

The median home value in Lake Hamilton is $250,700. The home-value-to-income ratio is 4.1x.

How educated is Lake Hamilton, Florida?

14.0% of adults (25+) in Lake Hamilton hold a bachelor's degree or higher, and 5.3% hold a graduate or professional degree.